BP said the changes are part of a plan to turn it into an integrated energy company and invest more in low-carbon activities.

ABB raised its profit guidance for 2024, despte reporting flat revenue for the first quarter that missed consensus expectations and weaker group orders.

The results follow three straight quarterly declines and benefit from a global boom in artificial intelligence.

EasyJet expects to report a headline pretax loss of roughly $423 million-$448 million in the first half, with demand for summer bookings continuing to build.

The Justice Department agreed to pay about $100 million to victims of former national women’s gymnastics team doctor Larry Nassar, acknowledging FBI failures.

Registrations of new cars in the European Union fell 5.2% on year in March, the largest monthly drop since November 2022, and in line with a trend of softening demand.